Still trying to understand it all, but it almost seems like its just a play to try and bring more factoid burns to the network. He makes it sound like the only people who would maybe use these stable coins would be traders/speculators...

Let's look at it like this though, if it brings more users to the protocol than its a good thing for the price of factoids. Even if no one ends up using it, at-least its an added utility of the protocol.

There has been alot of development over the last year, sad to see price not reflecting at all.

Factom will use any excuse to fall in price - it is a sheep in Wolf clothingThese guys are just living off the ICO - it's a great life when you can print your own moneyIt's been around for 5 years and going nowhere fast.

1) Living off ICO-money? That's bullshit. Factom has not made much money during their ICO because they've done that in a time when markets were down and long before the ICO-hype, in Spring 2015. As far as I know they didn't get much more than about $500k. Compare that to shit-projects that are building useless Apps and got several millions or blockchain-projects like Tezos or EOS with ICO's about hundreds of millions.

2) Around since 5 years? No, also not true. Launch was in mid 2015, that is three years ago.

3) Going nowhere fast? Yes... but I believe that is true for all teams who are building real stuff. If you compare projects in this space you will not find that many that are already on a level to really get traction when it's about real usage. Some are making money, like Binance - but they are making money as Crypto-exchange. Some may have more partnerships but most of the time that is just testing - like it's also the case for Factom as far as I know.

Prices in Crypto don't reflect quality but money follows money, people tend to those who get more attention and that is often a question of exchanges etc. That's why one of the most asked questions of "Investors" is not about the quality of a project but "when Binance?" etc.

thanks for sharing that perspective.

Sadly, people are more enclain to spread FUD and react for no reason on the bad direction... following the louder whose are surely not doing it to help others... but to selfishly make more money no matter what!

Congratulations Factom for once again excelling yourself by being one of the biggest losers whenever there is a dump - breaking the $4 barrier was a walk in the park - you have asmuch support as a house of cards.

Why don't you sell your FCT and buy some BCH or Zcash or ICX or XMR etc.? Oh wait, they all lost as much or even more than FCT today... damn.

haha, great comment.. funny...

How weird it is people can be so biais on stuffs when they only want create FUD...

It seems to be a pleasant activity.... but I cannot see how it can brings good feeling in the life of those fuders.

Here is a really good example.The team worked for many years and showed excellent results. It happened at that moment when the whole market collapsed.This is a very competent combination.Now the number of people wishing to learn about the project is much more

Here is a really good example.The team worked for many years and showed excellent results. It happened at that moment when the whole market collapsed.This is a very competent combination.Now the number of people wishing to learn about the project is much more

I want to congratulate you!Your team is the best!

in factom and for non trivial reasons, reposting solid post and second what it says, thank you for the opportunity

DBGrow and LayerTech are especially excited to announce an agreement with American Alliance Transnational Corporation, a holding company representing vast asset holdings. We will be working with them to initially tokenize two billion dollars worth of options contracts on the Factom Asset Token protocol. They have expressed interest in tokenizing far more of their holdings as the platform matures, and eventually capturing the entirety of their transactional volume within the FAT protocol.

The fact that you're commenting here means this coin will fall. Really guys. Read his comments to see the other coins he's been pumping.

I was genuinely hoping for an exciting reason this coin was going up. Seems like it's all because of a new exchange listing. That's disappointing.

Do you really think that 1 comment from a newbie on bitcointalk is going to affect price at all? Who cares what some newbie account is spamming in threads, it has zero relevance at all.

There are several exciting reasons why this coin is going up, did you look around or do any research? Check out their sub-reddit, look in their discord??

Department homeland security proof of phase 4 IOT security in factom chain, equator mortgage deal, off blocks app teaser....like 20+ authority node operators (companies) building real use cases for the factom protocol. I could post links to all of this but why should i have to do research for others?

Been saying if for years factom belongs top 20

Edit: There will be an AMA hosted this week that will include ALL of the authority node operators including Factom Inc, recalling the last AMA before M3 there was some price action associated. Could happen this time as well, this will be a much bigger AMA.

Hello folks, this thread's top post has been updated to note that much of the original content is drastically out of date and that there was consensus for a new thread management plan, meaning there is now a new thread to cover and keep up to date on all the good things regarding the protocol.